BANKS WANT CASH! Passing on higher financed offers
I had a VERY strong Buyer 20% down and $5000.00 non refundable, the bank rejects the offer and takes a cash offer $35,000.00 LOWER!! This is why Hard Money Lenders or HELOC give the investor a HUGE advantage.
Denis DaSilva Broker Associate REALTOR®, e-PRO®, LMC®, CDPE®, REOTRANS PLATINUM CERTIFIED®
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